FCA
UK watchdog takes aim at 133 EEA firms
13 have seen their business restricted and 120 will be removed from ‘regulatory perimeter’
2.3 million Brits now hold cryptoassets
But only 7% of IFAs would recommend their clients invest in digital currencies
Ex-Barclays Wealth financial planner sets up UK advice firm
It will be a company ‘where people can come and engage and it’s never about the money first’
Investment projections should mirror ‘product potential’
When returns are low, ‘firms should already be using rates that are below the cap’, FCA says
FCA eyes powers to shut down firms faster
They will help consumers ‘avoid financial harm such as scams’